News
Midtown Development puts $562m price tag on Club Street hotel site
Midtown Development puts $562m price tag on Club Street hotel site
The winning bid is $62m higher than United Venture Investments' $500m offer.
Grab forms joint venture with ZhongAn to offer digital insurance products
The firms aim to provide its products to uninsured consumers through Grab’s mobile app.
Chart of the Day: Big ASEAN value stocks hit 36.1% in total returns over the past 3 years
DBS held a market capitalisation of $62.4b.
SGX urged to relook rules allowing Mainboard companies to transfer to Catalist
Increased transfers to Catalist could harm the liquidity and valuation of firms already listed on the board.
Daily Markets Briefing: STI up 1.22%
Gains on US stock markets could see positive local sentiment.
Daily Briefing: 900 HDB flat buyers cancelled their BTO bookings in 2018; Hawker centres are struggling with the new social enterprise model
And F&B firm GD Group slapped with a $94,500 fine for false salary declarations.
SPH's overseas assets to play a key role in boosting profits: analysts
Its first UK purpose built student accommodation contributed $6.3m to its profits.
New private home sales dropped 50.1% to 601 units in December 2018
Developers launched a mere 101 units in December compared to November’s 1,341.
Sultan Plaza to launch en bloc sale for $380m
The 244-unit development sits on a sizeable land area of approximately 52,471 sqft.
SEEDS Capital inks tie ups to inject $90m for agrifood tech startups
They will provide up to $4m per startup.
ST Engineering's marine arm clinched $560m worth of new contracts in Q4 2018
This includes a contract for the construction and maintenance of patrol boats for the Singapore Police Coast Guard.
Daily Markets Briefing: STI down 0.79%
Wall Street's weakness is set to dampen local sentiment.
Chart of the Day: Healthcare sector booked $39.7m of net inflows in H2 2018
The sector saw the highest net inflow in November with $10.5m.
Daily Briefing: IHiS axes two employees and penalises CEO for SingHealth cyberattack; LTA's QR-code system for bike sharing takes effect
And Singapore Bank Officer’s Association opens its doors to all BFS employees.
Grab partners with CapitaLand for loyalty programme tie-up
Users’ GrabReward points can be converted into STAR$ and exchanged for CapitaVouchers.
MAS to launch $75m grant for Equity Market Singapore
It aims to boost Singapore’s role as an enterprise financing hub.
Oxley's $950m hotel divestment could see 4.7% gross yield: analyst
The deal may ease concerns on debt payment risks with its $450m retail bonds maturing in November 2019.
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